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NERC: DisCos collected N564.7bn out of N742bn billed in Q2 2025

NERC: DisCos collected N564.7bn out of N742bn billed in Q2 2025 NERC: DisCos collected N564.7bn out of N742bn billed in Q2 2025

The Nigerian Electricity Regulatory Commission (NERC) says electricity distribution companies (DisCos) generated N564.71 billion total revenue in the second quarter (Q2) of 2025.

In its 2025 second quarter report, the commission said the figure represents a 2 percent increase from the N553.63 billion revenue collected in the first quarter (Q1) of 2025.

The commission said the DisCos realised the revenue from a total billing of N742.34 billion in the period under review.

The NERC report said the figure signifies a 0.26 percent decline from N744.26 billion billed to customers in Q1 2025.

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The Q2 2025 revenue, the agency said, reflects a collection efficiency of 76.07 percent — up from 74.39 percent in the previous quarter.

“This means that at an aggregate level, DisCos recorded a 1.68pp increase in collection efficiency between 2025/Q1 and 2025/Q2,” the report reads.

In Q2 2025, NERC said Eko DisCo (87.80 percent) recorded the highest collection efficiency.

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“Conversely, Jos DisCo recorded the lowest collection efficiency at 43.82%. A comparison of DisCos’ performance shows that Port Harcourt (+9.79pp), Benin (+5.04pp), Ikeja (+4.89pp), Ibadan (+4.20pp), Eko (+3.01pp) and Yola (+0.88pp) DisCos recorded improvements in collection efficiency between 2025/Q1 and 2025/Q2,” NERC said.

Conversely, the commission said the remaining five DisCos recorded declines “in collection efficiency, with Abuja (-3.93pp) and Jos (-3.37pp) DisCos having the most significant declines across the quarters”.

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